Legal Question in Business Law in Minnesota

An an action for Breach of Contract could be brought vs. A.

Was the written agreement a Dissolution Agreement signed by A & B?

Was it a General Minnesota Partnership? or an LLC?

If Partnership, you may still have personal liability for acts of A, unless creditors

release B and Dissolution Agreement sets out waiver of liability for future debts of Partnership and individuals cease authority to bind other partners.

Call or email for further assistance.

I am in Eden Prairie.

Hello. In order to respond to your posed question, more detailed review of the entire matter, including review of relevant written agreements and related materials (the business entity documents), would need to be made. The type of business entity is relevant. I urge you to seek attorney assistance in this matter. I recommend that you telephone several attorneys in choosing, because it is important you feel a sense of great trust and compatibility with the attorney helping you. Often there are multiple options for paths of action, and, in my experience, the earlier (in the problem) that the attorney may provide help to you, the better the outcome is likely to be. All the best.